ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
95,000 apply for homes KUWAIT CITY, July 24: The Public Authority for Housing Welfare (PAHW) revealed that the land plots allocated for residential purposes can …
Read More »‘Plots available for all housing’
Business
Ten ‘scenarios’ prepared by MoF on budget deficit
KUWAIT CITY, July 24: According to forecasts prepared by the Ministry of Finance as part of the statement on the state’s financial situation, the cumulative …
Read More »KuwaitBC eyes closer UAE trade ties
ABU DHABI, July 19, (KUNA): A Kuwaiti business group signed a deal with a UAE-based fund for small and medium enterprises as part of efforts …
Read More »‘Eid shopping’ – Clothes market shows considerable recovery
KUWAIT CITY, July 19: The ready-made clothes market breathed a sigh of relief, temporarily, to get out of stagnation imposed by the Covid-19 pandemic and …
Read More »NBK posts H1 net profit of KD 160.8mn
Total assets grow by 6.4% year-on-year to KD 31.6 billion KUWAIT CITY, July 18: The National Bank of Kuwait (“NBK”, the “Bank” or the “Group”) …
Read More »Projects on hold due to pandemic
KUWAIT CITY, July 18: The projects of the Public-Private Partnership Authority were not spared from the repercussions and negative effects of the COVID-19 pandemic. The …
Read More »MoH extends tender for providing health insurance to retired Kuwaitis
KUWAIT CITY, July 17: The Ministry of Health has extended the tender for providing health insurance to retired citizens (Afiya), which is being implemented by …
Read More »S&P downgrades Kuwait rating; outlook negative
Institutional roadblocks present risks DUBAI, July 17: On July 16, 2021, S&P Global Ratings lowered its long-term foreign- and local-currency sovereign credit ratings on Kuwait …
Read More »Oil prices to stay strong, despite the ‘differences’
THERE are indications of a compromise prior to the OPECPlus meeting next month, as some hard discussions are taking place behind closed doors. An overall …
Read More »Boubyan Bank records KD 21.5mn net profit for first half, up 25% y/y
Boubyan Bank has announced KD 50 million in operating profits for the first half of this year, while continuing to allocate provisions amounting to KD …
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